Duplex with Accessory
For Sale
$775,000
40 Maple Street, Essex Junction, VT 05452
Multi-Family, Essex Junction, VT
Property Size3,100 SF
Lot Size0.15 Acres
Price / SF$250
Days on Market8
Property Features for 40 Maple Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
R2
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 1, Bathroom 3, Basement
Patio and Porch features
Porch
Exterior features
Balcony, Porch
Lot features
City Lot, Curbing, Level, Sidewalks, Near Shopping, Near Public Transport, Near School(s)
Middle school
Albert D. Lawton Intermediate
High school
Essex High
Elementary school district
Essex Junction ID Sch District
Middle school district
Essex Junction ID Sch District
High school district
Essex Junction ID Sch District
Standard status
Active
Size
3,100 SF
Lot size
0.15 Acres
Taxes and HOA fees
Tax Year
2027
Tax Annual Amount
5368
Utilities
Heating system
Electric (Heating), Forced Air, Natural Gas
Water source
Public
Building Details
Year built
2026
Floors in Building
2
Number of units
2
Building materials
Wood Frame, Vinyl Siding
Roof type
Shingle
Architectural style
Colonial
Listing Agency:
RE/MAX North Professionals · RE/MAX International
Listed By:
Darcy Handy
(802) 655-3333
Added: Oct 13
Changed: Oct 20
Last Checked: Oct 20 at 11:06PM
MLS# 5115014
Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Under construction on a 0.15-acre corner parcel, this 3,100-square-foot Colonial duplex includes a three-bedroom, 2.5-bathroom main residence and a separate one-bedroom accessory apartment. The secondary unit has its own kitchen, living room, and 3/4 bathroom, providing two distinct living spaces within the property.
The main home includes a kitchen with a center island, dining area, dedicated laundry room, and mudroom entry. A front porch and balcony off the primary bedroom provide outdoor space. The property is in Essex Junction near Maple Street Park, schools, and shopping, and is zoned R2.
The main home includes a kitchen with a center island, dining area, dedicated laundry room, and mudroom entry. A front porch and balcony off the primary bedroom provide outdoor space. The property is in Essex Junction near Maple Street Park, schools, and shopping, and is zoned R2.
Key Highlights
- 3,100 square feet of building area on a 0.15‑acre corner lot
- Main residence offers 3 bedrooms and 2.5 bathrooms
- Separate 1‑bedroom accessory apartment with kitchen, living room, and 3/4 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,238
Cap Rate
4.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,760
$684.8K
Cap Rate 7%
$489,114
$489.1K
Cap Rate 9%
$380,422
$380.4K
Market Conditions
NOI Build-Up for 3,100 SF
Gross rent
$49.5K $15.96/SF
− Vacancy
−$564 −$0.18/SF
EGI
$48.9K $15.78/SF
− OpEx
−$14.7K −$4.73/SF
NOI
$34.2K $11.04/SF
Area
Chittenden County, VT
Vacancy
1.14%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,760
Cap Rate 7%
$489,114
Cap Rate 9%
$380,422
Alternative Uses
Best Use
Multifamily LT 5
$489.1K
$428.0K – $570.6K
NOI $34,238 @ 7.0% cap · market cap 4.42%
Second Best
Apartment 5plus
$433.2K
$379.0K – $505.4K
NOI $30,322 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$850.3K
$744.0K – $992.0K
NOI $59,520 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
Explore this area
Business Placement
Demographics for 05452, VT
22,153
Population
9,808
Households
2.3
Avg Household Size
41
Median Age
54%
College-Educated
95%
High-School Grad
40.4 sq mi
ZIP Area
548
Density / Sq Mi
$97,697
Median Household Income
$55,997
Median Earnings
$1,463
Median Rent
$404,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A separate one-bedroom living unit adds flexibility alongside the three-bedroom primary residence.
Where is this duplex located?
The property is located at 40 Maple Street Essex Junction, VT.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 3,100 square feet of building area on a 0.15‑acre corner lot; Main residence offers 3 bedrooms and 2.5 bathrooms; Separate 1‑bedroom accessory apartment with kitchen, living room, and 3/4 bathroom
